Cyprus is the magic Island of romance, ancient history and stunning weather. You'll find most people who visit Cyprus end up going back some time in there life. What you also find is that a low percentage of people who do go back end up buying themselves a vacation villa, which sits right in the middle of paradise. Cyprus villas are slowly becoming an investments dream, because the property market in Cyprus is at its very early stages of a big boom, like it was back in the UK some eight years ago.
I remember this very well, and I must admit I bought several properties back then and made a small fortune, I still have them all now and they are all rented out to this present day. So why am I telling you this? Well Cyprus is even a better place than the UK, because first of all you get the beautiful weather 365 days a year, cost of living is cheap, the housing market at the moment is cheap, and the best thing is renting.
Would you like to see a few figures then? Well an average 3 bedroom villa in Cyprus can fetch about a 1000 Euro (800 pounds) a week during the peak season. But even in winter which is as mild as a UK Summer, there are people who are looking for long term winter rentals to escape the UK cold, which make the whole operation very profitable.
If you want to see an all year round average monthly income, it would be about 2000 Euro making this property venture a very profitable one as the mortgage payments would work out to less than half of that. Don't miss the boat as the time is right now, although it is advisable to do some good research before you decide on buying your own dream villa in Cyprus.
Another advantage about buying a villa in Cyprus is that you certainly will not have any communication problems. The banks and building societies are also very keen to get your business and will offer up to 75% mortgages to non-residents. Your legal representation will be bilingual and they will guide you through every step of the purchase and will make sure that when you complete there are no remaining outstanding bills on the property. All this and a smile for around 600 Euro and when it's all over you'll be the one with a big smile on your face.
You really can't go wrong at the moment if you buy a villa in Cyprus both as an investment and as an ideal holiday home. You could rent it out to earn high rental income during the peak season and then spend the winter in more sunnier parts. What are you waiting for? If you think this could be for you then I suggest you check out this blog for further investment tips for buying Cyprus Villas... http://www.cyprusinformer.com/blog/
I remember this very well, and I must admit I bought several properties back then and made a small fortune, I still have them all now and they are all rented out to this present day. So why am I telling you this? Well Cyprus is even a better place than the UK, because first of all you get the beautiful weather 365 days a year, cost of living is cheap, the housing market at the moment is cheap, and the best thing is renting.
Would you like to see a few figures then? Well an average 3 bedroom villa in Cyprus can fetch about a 1000 Euro (800 pounds) a week during the peak season. But even in winter which is as mild as a UK Summer, there are people who are looking for long term winter rentals to escape the UK cold, which make the whole operation very profitable.
If you want to see an all year round average monthly income, it would be about 2000 Euro making this property venture a very profitable one as the mortgage payments would work out to less than half of that. Don't miss the boat as the time is right now, although it is advisable to do some good research before you decide on buying your own dream villa in Cyprus.
Another advantage about buying a villa in Cyprus is that you certainly will not have any communication problems. The banks and building societies are also very keen to get your business and will offer up to 75% mortgages to non-residents. Your legal representation will be bilingual and they will guide you through every step of the purchase and will make sure that when you complete there are no remaining outstanding bills on the property. All this and a smile for around 600 Euro and when it's all over you'll be the one with a big smile on your face.
You really can't go wrong at the moment if you buy a villa in Cyprus both as an investment and as an ideal holiday home. You could rent it out to earn high rental income during the peak season and then spend the winter in more sunnier parts. What are you waiting for? If you think this could be for you then I suggest you check out this blog for further investment tips for buying Cyprus Villas... http://www.cyprusinformer.com/blog/
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Check out this Free Cyprus Villa Rental Newsletter And Blog written by the renowned Tim Martins
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